An exchange of one share of an old issue of stock for multiple shares of a new issue with a reduced par or stated value is called a(n) ____________________

Fill in the blank(s) with correct word


stock split

Business

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Accounting standards require entities to follow a five-step approach for recognizing revenue.

Answer the following statement true (T) or false (F)

Business

A company borrowed $10,000 by signing a 180-day promissory note at 9%. The total to be paid at maturity of the note is: (Use 360 days a year.)

A. $10,450 B. $10,300 C. $10,075 D. $10,900 E. $11,800

Business

The primary functions of an investment asset are to increase your net worth and/or provide additional income

Indicate whether the statement is true or false.

Business

It is the responsibility of __________ to ensure that employees use protective equipment on the job.

A. the Occupational Safety and Health Administration (OSHA)  B. the Voluntary Protection Program (VPP) representatives C. a manual laborer D. an employer

Business